Loading…
Maersk, CMA CGM and MSC suspended bookings to and from Russia in mid-April as sanctions over the Ukraine invasion. Delo Group's CEO estimates shipments through northwestern Russian ports could fall 90-95% from May without alternatives.
Container shipping disruption with Russia adds to freight costs and congestion, and reduces Russian trade flows, which tightens the freight outlook globally.
developmentaid.orgCatalina RussuMay 13, 2022Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
